Hire Out Your Tools
Whether you’ve got a couple of everyday tools lurking at the back of a kitchen cupboard or a garage bursting with tool technology, you can make money by hiring out your tools. As long as they’re in good working order and fit for purpose, you can list your tools as “For Rent by Owner” within the MyShed app. Create your online Shed and hire out your tools to members of your local community. It’s a great way to build peer to peer relationships, whilst making money from your existing investment.
Earn On Your Investment
You’ve already bought the tools, hopefully you’ve even used them. Now put them to use in someone else’s hands and possibly earn their purchase price back. Once you’ve downloaded the free MyShed app from the iOS store, create your own Shed and list the tools you’ve got for hire, it’s that simple. But not only will you be earning money, you’ll be contributing to the sharing economy by reducing consumerism and waste. And since your tool hirers are likely to be undertaking improvement projects in your local community, you could even be boosting housing prices within your neighbourhood.
How Does the MyShed App Work?
Once you’ve downloaded the free app, create your own unique Shed. Photograph your tools for hire and upload them with a brief description of the item and its condition to your Shed. You’ll be in control of setting the hire price for each tool, as well as the deposit you would like to apply. We’ll then review your listing and you’ll be ready to hire out your tools (in most cases) within 48 hours.
Find out more at our FAQs page, or Contact Us if you have any additional questions.